Should i buy this used 2013 BRZ?
 

2013 used BRZ

I have a 2010 ford fusion thats all paid off and i can get about $7000 in trade in value.

My current monthly expenses are $250 for rent, about $30-50 for utilities, $87 cell phone, $120 for students loan bill. I just started working in IT and i make 31k a year before taxes. I got an insurance quote for $184 from progressive.

Should i jump in or not?

Probably not. I think the if it isn't abundantly clear as to whether you can afford it or not, just wait.

$31k in IT? i would be asking for a raise first

BTW wrong section of the forum

After taxes you're making ~ $2000/mo. After all bills listed, including progressive, you're left with ~$1300/mo. add into that fuel and food / groceries, you're about $900/mo

My used 2013 is $286/mo (I paid $21,151 after all gap, added warranties)

so let's assume high, $350. That leaves you $550/mo

As long as you aren't swimming in debt and can manage finances well enough, I'd say you could afford it. My resoning: I afford it on $1500/mo income with $350/mo rent. only difference is my insurance will be $145/mo since I am changing companies from state farm ($175/mo currently)


ALL THIS SAID::: Buy for you. If you want it, you should work to get it. If you only think you want it, you should stay car payment free and buy a puppy, or go kart, or small etheopian child to make use of the money. ;) Hope the information helps

This dude looks pretty cool! Although I think "buying" is no longer the accepted term! Maybe "sponsor" is a better phrase.

http://lh4.ggpht.com/8HYIJkcJbQghKN6...m2UxsQ4=s270-c

Can a mod move this thread thanks. I also have no credit card debt, i pay it off every month.

If you're asking, no. Pay off other debts first and drive the Fusion until it cannot be driven any more (within financial reason).

boring/ conservative advice. Just buy it and enjoy life

What are the chances, in the next 5 years, that another car comes out, more exciting than a BRZ? Quite high.

Its insightful advice.

I was in his situation a few years ago, waited until this past summer and pulled the trigger on a car I could buy outright. I think its the right thing to do.

what are the odds another exciting car comes out in 30 years. ill have much more money saved up right. cool. to bad i keep wasting my life waiting for the next big thing

This isn't an infinite loop of waiting, I'm suggesting waiting a few years to establish himself better in his career/pay down student loans.

I apologize for offering real advice, on the internet...should have suggested he buy the car and a Rocket Bunny kit.

hahaha This is why I added the note about the small etheopian child. It got me out of the crosshairs. ;)

The advice you are providing is sound and I agree with it. Ultimately the OP's decision, but you are using forsight vs fun-sight. I bought my vehicle because of a collision with a dresser which fell off a vehicle in front of my 2007 impreza. If that never happened, I'd still have my paid off car and though I'd wish I owned an FRS, I'd still love my car and extra $300/mo

Always save up enough till u have enough cash on hand. I know its temping but don't fall for temptation.

Especially with a car like this, u are gonna spend extra $$$ on mod here and there.

31k is about right for entry level helpdesk, depending upon locale.

Speaking of which, where the heck is rent only $250-$350 a month?!? I can barely find a place for twice that in Amish Country, PA.

Only you can make that choice, if you think your job is secure it is a good rule to have 3 months salary saved up before considering a big purchase like this. Saving up money for a few months may bring prices down some too. After knowing that I wanted to buy a BRZ, I waited over a year until I felt I could buy one and still be financially safe.

Well, I am in Arizona and OP seems to be in Rhode Island. For me, I have a roommate, so $750/mo divided by 2 people, Master br pays extra $25, plus they opted for the garage at $25, so I owe $350, they owe $400

My lease is ending soon, so I will be moving in with my fiance, where our rent will be around the same $700/mo ish price range.

Car payments suck shit. This car is pretty awesome but sometimes the thought of being locked down for 60 months is just depressing. I mean, I can afford it and all but I would have a bunch more disposable income if I had just stuck to a car <$5000 and my mr2 would be well on its way to 600whp and decked out.

Still though, this car is pretty bad ass. Came out giggling like a school girl the other day after a nice snow fall and a drift session in an empty parking lot. :)

You can find a cheaper one under 20k thats for sure. sub 20k with 20-30k miles isnt a bad deal.

They do have better deals if you shop. http://www.cargurus.com/Cars/l-Used-...ting=104010315

This is in Providence but has low milage and is just under $20k -- Add that it's used and you can haggle. Add the $7,000 down for vehicle trade in and you're doing quite nicely

Thanks for all the advices guys.

86fann - Did you decide on buying a BRZ ?

I am selling my Manual '13 BRZ Limited in Black. It's got 21 K miles on it. Let me know if you are interested. Email - sshercha@gmail.com. Car is in Tampa, Fl.

I apologize! If i posted in wrong thread. I couldn't find a relevant thread to post. Mods please, feel free to stick this post in a relevant thread.

How much are FR-Ss in your area?


They were considerably cheaper when new and still should be.


Look for a higher mileage FR-S and it may be enough cheaper that you will feel more comfortable buying it. (I got a '13 FRS with 29M last July)

My current monthly expenses are $250 for rent, about $30-50 for utilities, $87 cell phone, $120 for students loan bill. I just started working in IT and i make 31k a year before taxes. I got an insurance quote for $184 from progressive.

everything you said adds up to $691. That doesn't include your monthly car note, gas, and food. Also it doesn't include going out for fun expenses and misc expenses. You make about $596 every week, gross income. I wouldn't buy it. You have a free car already, that is paid off. Don't play Catching up with the Jones, or in modern terms, catching up with Kardashins. You don't want to live paycheck to paycheck just for a silly little car.

I agree don't buy the car. While you could swing it, save that money you would spend on the car note and enjoy life. I promise you as you move up in IT so will your pay. In a little over 6 years I have nearly doubled my salary. Don't worry your time will come :)